Kingstone Capital Partners Texas LLC Buys 104,488,610 Shares of Walmart Inc. $WMT

Kingstone Capital Partners Texas LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 397,264.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 104,514,912 shares of the retailer’s stock after purchasing an additional 104,488,610 shares during the quarter. Walmart accounts for approximately 1.4% of Kingstone Capital Partners Texas LLC’s investment portfolio, making the stock its 24th largest holding. Kingstone Capital Partners Texas LLC’s holdings in Walmart were worth $10,496,702,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Operose Advisors LLC lifted its stake in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in Walmart during the first quarter worth $35,000. Finally, Lipe & Dalton lifted its stake in Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock worth $36,000 after purchasing an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Down 1.2%

Shares of NYSE:WMT opened at $102.40 on Friday. The firm has a market cap of $816.42 billion, a P/E ratio of 38.50, a P/E/G ratio of 4.88 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $78.11 and a 12-month high of $106.11. The business has a fifty day simple moving average of $99.40 and a 200 day simple moving average of $95.64.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 134,107 shares of company stock worth $13,183,727 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent analyst reports. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Telsey Advisory Group upped their target price on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Finally, Tigress Financial upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart has an average rating of “Buy” and an average price target of $112.03.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.